Quarterly report pursuant to Section 13 or 15(d)

Business Segment Information and Geographic Data (Details)

v3.22.2
Business Segment Information and Geographic Data (Details) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2022
Jun. 30, 2021
Estimated Revenues if Sales Target Achieved** $ 6,585,445 $ 10,696,633 $ 10,494,079 $ 12,505,562 $ 21,190,712
Cost of goods 2,602,290 0 5,053,599 5,053,599 0
Lease operating costs 617,653 5,228,732 4,746,016 1,186,168 9,974,748
General and administrative 3,186,601 1,199,699 1,121,235 8,480,762 2,320,934
Stock based compensation 296,062 114,793 273,750 588,870 388,543
Accretion - ARO 46,565 147,308 $ 142,366 81,631 289,674
Depreciation, depletion and amortization $ 513,701 $ 2,306,225   1,013,470 $ 4,663,227
Total operating expenses       16,404,500  
Income (loss) from operations       (3,898,938)  
Segment Assets       41,960,320  
Corporate and unallocated assets       23,624,414  
Total Consolidated Asssets       65,584,734  
Oil and Gas Properties [Member]          
Estimated Revenues if Sales Target Achieved**       3,548,872  
Cost of goods       0  
Lease operating costs       1,186,168  
General and administrative       3,365,565  
Stock based compensation       588,870  
Accretion - ARO       81,631  
Depreciation, depletion and amortization       840,042  
Total operating expenses       6,062,276  
Income (loss) from operations       (2,513,404)  
Segment Assets       18,045,937  
Power Generation          
Estimated Revenues if Sales Target Achieved**       8,956,690  
Cost of goods       53,599  
Lease operating costs       0  
General and administrative       5,115,197  
Stock based compensation       0  
Accretion - ARO       0  
Depreciation, depletion and amortization       173,428  
Total operating expenses       10,342,224  
Income (loss) from operations       (1,385,534)  
Segment Assets       $ 23,914,383